604 Crossing Cir - Apartments FOR SALE


Gardnerville, NV 89410
$2,998,000 USD
604 Crossing Cir, Gardnerville, NV for Sale
$2,998,000 USD
Apartments - FOR SALE
1/4
null | 4.6% Cap Rate

604 Crossing Cir
Gardnerville, NV 89410


HIGHLIGHTS

  • Excellent 1031 Exchange or Portfolio Acquisition Opportunity
  • New Construction with Private Attached Garages
  • Prime Gardnerville Location in the Growing Carson Valley Market

OVERVIEW

This offering presents the opportunity to acquire a newly constructed eight-unit multifamily apartment building located within the desirable Crossing Circle development in Gardnerville, Nevada. Designed with today’s renter in mind, the property features spacious residences, attached garages, modern construction, and a location within one of Northern Nevada’s strongest rental markets. Situated in the heart of Carson Valley, the property provides convenient access to Carson City, Lake Tahoe, Reno, healthcare, shopping, and major employment centers. Continued population growth, limited multifamily inventory, and strong rental demand position this asset as an attractive long-term investment. Whether purchased as a standalone investment or together with adjacent multifamily assets, the property offers investors an opportunity to acquire a high-quality apartment building in an established and growing market.

FOR SALE DETAILS

PRICE

$2,998,000 USD

PRICE/SF

$260 USD /SF

# OF UNITS

8

PRICE/UNIT

$374,750

CAP RATE

4.6%

% LEASED

0%

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

604 Crossing Circle - 8 plex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2026

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

MFR

APN/PARCEL ID

1220-04-602-020

ASK ABOUT THIS PROPERTY

Matt CarterInk RealtyMore Info

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